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Solana OG who staked 5 years quietly sold $137M in SOL, still holds $32M staked.

Market News
19 May 2026
Bitcoin
View Source
Neutral
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A long-term Solana holder who staked nearly a million SOL tokens five years ago has sold over $137 million worth of SOL since 2025, recently offloading 30,000 SOL for $2.56 million. Despite these sales, the holder still has 381,140 SOL valued at $32.4 million staked, suggesting a gradual exit strategy rather than a full liquidation. This ongoing selling pressure from early investors adds supply to the market, but Solana's strong fundamentals, including record revenue in 2025, continue to support the network. The holder's pace of selling indicates a full exit could take months, while institutional demand may help balance the market.

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